H&M shares tumble as bad weather hits June sales
The Swedish retailer said it expects to see a 6% drop in its sales this June due to “unstable” weather in its main markets
Bank stress tests are like Monopoly, says one former banker. ‘Do not mistake either for reality.’
One former banker says bank stress tests are essentially worthless exercises after the Federal Reserve gave passing grades to all 31 institutions it tested.
Check out Olivia Newton-John’s 12-acre California ranch, asking $9 million
The picturesque estate is just steps from the Santa Ynez River, nestled amid lush greenery and mountains.
H&M plunges 13% on doubts over full-year margin target, June sales outlook
Shares of H&M plunged more than 14% Thursday morning after the company reported a smaller-than-expected increase in second quarter profits.
GSK stock falls more at London open following RSV vaccination news
GSK’s London-listed shares fell even more swiftly their ADRs to news that advisers to the Centers for Disease Control and Prevention shifted their recommendations for who...
Micron investors will have to wait for 2025 for a bigger AI payoff
Amid a forecast that was just on target, some may be concerned by set contracts for HBM chips
Will Biden and Trump need caffeine to debate? A look at today’s $24 billion energy-drink market.
There are now dozens, maybe hundreds, of brands competing in the energy-drink space, with new ones being launched constantly.
Bank woes in commercial real estate could ease with rate cuts, says Moody’s
A resilient economy and increased lending by others could help heal the market
Bitcoin miner Marathon Digital is mining Kaspa (KAS)
Marathon Digital (MARA) has disclosed its mined 93 million KAS worth $15 million. The Bitcoin miner says the operation is part of its diversification of...